Consolidated Edison (ED) Tops Q4 EPS by 2c, Offers Guidance

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Consolidated Edison (ED) PT Raised to $78 at Credit Suisse

February 25, 2019 6:59 AM EST

Credit Suisse analyst Michael Weinstein raised the price target on Consolidated Edison (NYSE: ED) to $78.00 (from $77.00) while maintaining an Underperform rating. Management initiated 2019 guidance $4.25-$4.45, which excludes -$0.20 of HLBV accounting impact for the recent SRE solar portfolio acquisition. This is $0.05 below Weinstein's previewed... More